Oaktree
Super Member
Curiously, is this compensation a one-time deal to whoever owned the property at the time or are there annual "rent" payments to current owners? I'd be reluctant to purchase a piece of property if it's the latter...allowing someone to use my land for commercial purposes with no benefit to me.Unless the gas well is on the property and you get the mineral rights there would be no free gas just because the line crosses your property and the owner when the line went in would have received so much per foot if that is how it was done in your area.
Edit: Torvy beat me to it on a couple of my comments, but does a landowner have the right to cancel a RoW agreement? I suppose that varies by state, and no doubt would not be easy to do.